Sse Share Discussion Threads

[north sea boy] 01/5/2019 19:03

Sicker - 2964

I do agree with your view that this should be a logical outcome of the abandoned transaction.

However, I think that there are issues (given current trading conditions and continued attrition of customers) with sustainability of the current dividend.

Given that they had set expectations of a lower dividend going forward, I think that there is a real possibility that they will now take the opportunity to reset the dividend at the lower rate of 80p, unfortunately. Hope I am wrong though.

NSB

[alphorn] 01/5/2019 12:34

Extended bullish position on SSE; Corbyn risk out there to monitor.

[sicker] 29/4/2019 20:32

These forecasts were provided in the assumption that the lower dividend would be made up by a dividend from the abandoned spin off so you can ignore them and expect the same but slightly higher dividend as last year, in my humble opinion :-)

[baztea49] 29/4/2019 19:48

x-Div Date Pay Date Type Amount Currency Status
25 Jul 2019 20 Sep 2019 Final 68.2p GBP Forecast
16 Jan 2020 13 Mar 2020 Interim 24p GBP Forecast
23 Jul 2020 18 Sep 2020 Final 56p GBP Forecast
14 Jan 2021 12 Mar 2021 Interim 25p GBP Forecast
22 Jul 2021 17 Sep 2021 Final 58p GBP Forecast

Dividend Max. forecasts for the next 2 years.I hear what you say about the abandoned merger about there seems to be no news about it.

[north sea boy] 29/4/2019 19:19

For 2019/20, SSE is planning to set the first post-transaction dividend at 80.0 pence per share, which reflects the impact of the changes in the SSE group expected to take effect by then. This provides a sustainable basis for future dividend growth.

Yes, but this transaction was abandoned and did not tale place. Hmmm? Thoughts?

NSB

[baztea49] 29/4/2019 19:17

25 Jul 2019 20 Sep 2019 Final 68.2p GBP Forecast
This is the forecast from DIVIDEND MAX.

[strutt12] 29/4/2019 16:35

For 2019/20, SSE is planning to set the first post-transaction dividend at 80.0 pence per share, which reflects the impact of the changes in the SSE group expected to take effect by then. This provides a sustainable basis for future dividend growth.

[alphorn] 29/4/2019 13:39

A swing to Labour in the local elections may make the market nervous? (Yield = risk premium)?

Remain long.

[veryniceperson] 29/4/2019 12:48

At 8.25% does anybody think there will be a cut or no change to the Ddvi. 22nd May results. The price does fluctuate a lot. Any thoughts?

[bountyhunter] 24/4/2019 19:19

The biggest problem with so called 'Smart' meters is that they lose their smartness when you change suppliers so pretty useless really. Until this problem is resolved I won't be changing meters unless forced upon me.

[2solaris] 24/4/2019 18:52

I can't get a smart meter as there is no mobile reception, no so smart!

[spud] 13/4/2019 09:36

Interesting:Thames Water outlines 'nationalisation refund' if Labour enacts policy https://www.bbc.co.uk/news/business-47918253spud

[bountyhunter] 08/4/2019 19:47

And there is nothing smart about a smart meter that loses it's smartness as soon as you change suppliers! Doesn't make any sense to me at all.

[kazuko] 05/4/2019 21:49

this week SSE had to pay the regulator £700,000 for failing on installation of smart meters and £230,000 to an ex-employee in a tribunal case.... almost £1m down the drain...I wish I had heeded Warren Buffets advice 'I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.' Beginning to think idiots are running SSE.

[spud] 05/4/2019 12:06

Another bout of Corbinitus today i see...

spud

[jrphoenixw2] 02/4/2019 16:35

RNS this morning (as above in headers)
SSE bought in 431k shares at average price 1157p, = circa £5 million

[veryniceperson] 01/4/2019 17:03

Spud lol, but o so true.

[spud] 01/4/2019 11:33

I guess all utilities are going to be under the spotlight ever since Billy Smart's circus clown started to entertain....

spud

[mrphil] 01/4/2019 11:30

Why the fall today, has Corbyn opened his gob again?

[jrphoenixw2] 27/3/2019 12:50

@Wad It can get confusing, same as how it's confusing that some arch-Brexiteers say they now intend for May's deal (well, superficially, logic can be found in it).

Anyway, as you'll know utilities in troubled times = a relative safe-haven. I don't reckon the market thinks Corbyn has much chance right now, he's too 'loony-left' and (perhaps) there is more mileage in May being ousted and replaced by someone *more predictable*. Well, that's just my take on it...

[wad collector] 27/3/2019 09:16

It seems surprising that the share price has performed relatively strongly this last few weeks given the political chaos. Potentially a General Election and a new PM within months and yet the share price rises. A Corbyn win is not implausible in this turmoil, I am puzzled.